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- Nov 5, 2014
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I didn't know where to post this, so moderators if this needs to be moved, please move it.
Background:
I am at the end of my 3rd year of medical school and will be applying to family medicine residencies this coming Fall. My plan is to do as many emergency medicine electives I can during residency. Post residency I either plan on doing a 1 year fellowship in ER or OB and then going into practice that following year in in-patient care as a hospitalist while moonlighting in urgent care or a smaller, rural ER with the intent on saving as much as I can to finally open up my own family practice, about 2 years post residency/fellowship.
Question:
My question is that my wife is looking for a way to help me run the practice. She has a management background, but no experience in medical office management, billing/coding, etc... Do you all think it would be profitable/wise for her to become certified in ultrasonography and medical office management during these next 5 years I am going to be finishing medical school and training. Throughout my rotations, I have seen ultrasound utilized tremendously, and it seems as if there is both a diagnostic and financial advantage to the practice that she could offer, being able to both run the practice and do the ultrasounds? I plan on offering OB services and want to do as much imaging in-house as we can, both for the quicker diagnostic advantage, and because of the billing potential. What do you all think? (By the way, my wife is a smart one. Her only stipulation to starting the practice with me in the future is that she is a 50% partner. I picked a good one! Smart and savvy). Thanks all and sorry so long of a post.
Background:
I am at the end of my 3rd year of medical school and will be applying to family medicine residencies this coming Fall. My plan is to do as many emergency medicine electives I can during residency. Post residency I either plan on doing a 1 year fellowship in ER or OB and then going into practice that following year in in-patient care as a hospitalist while moonlighting in urgent care or a smaller, rural ER with the intent on saving as much as I can to finally open up my own family practice, about 2 years post residency/fellowship.
Question:
My question is that my wife is looking for a way to help me run the practice. She has a management background, but no experience in medical office management, billing/coding, etc... Do you all think it would be profitable/wise for her to become certified in ultrasonography and medical office management during these next 5 years I am going to be finishing medical school and training. Throughout my rotations, I have seen ultrasound utilized tremendously, and it seems as if there is both a diagnostic and financial advantage to the practice that she could offer, being able to both run the practice and do the ultrasounds? I plan on offering OB services and want to do as much imaging in-house as we can, both for the quicker diagnostic advantage, and because of the billing potential. What do you all think? (By the way, my wife is a smart one. Her only stipulation to starting the practice with me in the future is that she is a 50% partner. I picked a good one! Smart and savvy). Thanks all and sorry so long of a post.